The AM Roundup: Jobs, Pentagon Funding Bill, More

Since it’s “Jobs Friday,” let’s have a bit of economic news first. Unemployment slides, according to the U.S. Labor Department’s report Friday morning. The U.S. labor market strengthened in November, as private employers continued to add jobs at a healthy pace and the unemployment rate fell to its lowest level since March 2009.

Nonfarm payrolls rose by 120,000 last month and the unemployment rate, obtained by a separate survey of U.S. households, fell to 8.6% from 9% in October. The rate is now lower than at any point since March 2009, when it was 8.6% as well. Here’s further analysis and the live blog on the jobs report.